ETH/BTC – 1H – SELL

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.030495 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.03126 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Last Engulfing Top’ candlestick chart pattern is found. The chart shows ‘Last Engulfing Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.03126 – 0.03107 – 0.0307 – 0.03029 – 0.02982 – 0.02979 —
0.030840000 – 0.030900000 —
44.220754434014 – 51.852651236606 —
– —
0.03126 – 1775044800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Last Engulfing Top – – –